Added to YB: 2024-06-12
Pitch date: 2024-06-10
HIMS [bullish]
Hims & Hers Health, Inc.
+73.31%
current return
Author Info
MBR's Substack is an undergraduate at Seoul Nat'l University sharing investment writeups. Sign up for the newsletter.
Company Info
Hims & Hers Health, Inc. operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, Canada, and internationally.
Market Cap
$8.9B
Pitch Price
$21.47
Price Target
N/A
Dividend
N/A
EV/EBITDA
52.94
P/E
73.02
EV/Sales
4.26
Sector
Health Care Providers and Services
Category
growth
Investment Story 3 - From Hims to Everyone (1)
HIMS: Online healthcare co. focused on stigmatized issues like ED, hair loss. Taps into Telehealth trend fueled by high US healthcare costs & COVID. Subscribers tripled to 1.54M in 2023 with 31% increase in avg order value as product line expanded. Asset-light model with 80% GPM, nearing profitability. Stock surged on strong results & entry into GLP-1 obesity drug market at disruptive prices, but faces regulatory risk on compound drug approach.
Read full article (6 min)